Is MoneyLion app legit?

Plenty of 2024-25 MoneyLion reviews touch on whether the app actually shows up when cash is tight. Here’s the gist:

• Comes-through: Dozens say the app “always there when needed,” dropping funds fast for gas, groceries or bills.
• Repeat trust: Long-time users note they’ve leaned on it “for years” without major hiccups, calling it a steady backup between paychecks.
• Flexible payback: A few highlight that if they can’t repay on schedule, there’s no harsh penalty and they can draw again once funds arrive.
• Payment glitches: A small set report missed payment acknowledgments or slow support follow-ups, so double-check your repayment goes through.

MoneyLion advertises Instacash limits as high as $1,000, yet user experiences run the gamut. Here’s what borrowers report:

• Up to $1K: The stated ceiling is $1,000, and a few reviewers say they eventually tapped $500–$700.
• Grows fast: Some users jumped from a $150 first advance to “a couple hundred” within three on-time repayments, especially when stacking community “boosts.”
• Small beginnings: Many people start with only $10–$25 or get stuck around $80–$150 despite steady deposits.
• Unpredictable drops: Limits can tumble without warning—examples include $250→$80 or $700→$400—sometimes after refusing instant-deposit fees or tips.
• $100 pull cap: Even with a higher limit, you can only withdraw $100 per transaction, so larger amounts mean multiple transfers and extra fees.

Bottom line: expect to begin with a small advance and work your way up, but be ready for sudden limit changes and a per-withdrawal ceiling.

We combed through 40-plus recent “scam”-tagged reviews and the pattern is loud: people say MoneyLion keeps pulling money even after they cancel and then locks them out with an “oops, we’re fine-tuning something” error, making refunds nearly impossible. Several users have already reported the company to the CFPB and are threatening bigger investigations.

Another cluster of complaints targets the Credit Builder Plus loan—customers claim they had to front their own cash, waited 10-14 business days (or longer) to get it back, and still got dinged with surprise fees or early withdrawals that triggered overdrafts. Instacash tips auto-reset to 10%, and charges sometimes hit before pay-day, adding more fees that borrowers didn’t expect.

Identity and data worries round things out: selfies won’t verify, accounts can’t be deleted, and customer support bounces between long hold times and unhelpful bots. A few reviewers even allege fraudulent charges in the hundreds and say they lost access to thousands, calling the app “predatory” and “financial hostage.”